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HomeMy WebLinkAbout2015-367 License & Permit Bond - Lexon Insurance - Recology LEXON INSURANCE COMPANY LICENSE AND PERMIT BOND (For County, City, Town or Village only. Not valid for Contract, Performance, Maintenance, Subdivision, Agent to Sell Hunting and Fishing Licenses, Utilih, or Tax Guarantee Bonds, or Bonds Required by the State) t, f r i BB c r KNOWN ALL MEN BY THEIR PRESENTS: That we RECOLOGY ASHLAND INC. as Principal, and LEXON INSURANCE COMPANY, a Texas Corporation, as Surety are held and firmly bound unto CITY OF ASHLAND hereinafter called the Obligee, in the amount ofTwenty-Five Thousand Dollars & no eents(S 25, 000.00 ) NOT VALID FOR MORE THAN $25,000.00 Dollars, lawful money of the United States, to be paid to the said Obligee, for which payment well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by their presents. THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas, the Principal has been licensed as a (an) to provide Solid Waste Service within the City of Ashland by the Obligee. NOW THEREFORE, if the Principal shall faithfully perform the duties and comply with the laws and ordinances pertaining to the license or permit, then this obligation shall be void, otherwise to remain in full force and effect. Any liability under this bond shall commence on the 14th day of December 2015 and end one full calendar year thereafter. The Surety may cancel this bond at any time, by filing with the Obligee and the Principal, thirty (30) days written notice of its desire to be relieved of liability under this bond. Upon termination, the Surety shall be relieved from any liability for any subsequent acts or omissions of the Principal. Dated the 11th Day of December 2015 Recology Ashl,:nd inc. (Principal) \SSjBANCF Ylli p . =J CORPORATE By (Signature/Principal) SEAL \ LEXON INSURANCE COMPANY BY: David E. Campbell, President ACKNOWLEDGEMENT OF SURETY State of Illinois County of DuPage On December 11, 2015 before me, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared DAVID E. CAMPBELL who acknowledged himself to be the aforesaid officer of LEXON INSURANCE COMPANY, the corporation described in and that executed the within and foregoing instrument, and known to me to be the same person who executed the said instrument on behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have set my hand and affixed my official seal, the day and ear stated in this certificate above. ni "OFFICIAL SEAL" TARIESE M PISCIOTTO Notary Public, State of Illinois My Commission Expires 06/26/2018; Taries M. Pisciotto ♦~~~~r~a~~~~~~ssss.oneo~~~~~♦ C!RGINAL BOND My Commission Expires 06-26-2018 R logy To: Dave Kanner City Administrator Re: Bond BB136337 for the City of Ashland From: Moira Bross Enclosed with this memo is the standard bond renewal BB 136337 which replaces Lexon Bond BB128384 for the City of Ashland on behalf of Recology Ashland Inc. Dave Kanner City Administrator City of Ashland 20 East Main Street Ashland, OR 97520 Please let me know if you have any questions at 415.875.1142 or mbrossArecology.com. Thank you